11645 Shannon Dr EIrvingtonAL36544
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Irvington at 11645 Shannon Dr E, Irvington, AL, 36544 uses $99,450 cash to close to unlock $6,264/yr annual cash flow and $522/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $1,468/mo payment keeps the spread at $522/mo. Purchase price stands at $300,000, and rental yield measures 8.86% with $2,215/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 135.9% and total cumulative return in cash records $135,156. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36544, Irvington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,975 (100%) |
| Owner Occupied HU | 3,509 (70.5%) |
| Renter Occupied HU | 1,040 (20.9%) |
| Vacant Housing Units | 426 ( 8.6%) |
| Median Home Value | $205,366 |
| Average Home Value | $228,197 |
Housing Distribution
Address Breakdown
Residential
4,203
Single Family
4,133
Multi-Family
70
Businesses
189
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